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Return to Virginia Business - October 2004

Executive Compensation

Top-Paid 100
Editor’s note: The following chart lists the 100 highest-paid executives from public companies in Virginia.

Related story:
- Companies reward CEOs as they rethink executive pay

Virginia Business
October 2004

Top-Paid:
1-25 | 26-50 | 51-75 | 76-100

  Executive
Salary & Bonus ($000)
Other ($000)
Stock Gains ($000)
Total ($000)
Index
1. Nigel W. Morris(2)
$0
$1
$147,268
$147,269
$162
  vice chairman
  Capital One Financial
2. Dwight C. Schar
3,240
11
54,854
58,105
977
  chairman, president, CEO
  NVR Inc.
3. William J. Inman(1)
720
10
39,803
40,533
977
  president
  NVR Inc.
4. Paul C. Saville
900
11
36,715
37,626
977
  executive VP, CFO
  NVR Inc.
5. Timothy M. Donahue
3,698
8
22,625
26,331
238
  president, CEO
  Nextel Communications
6. Gregory J. Parseghian(2)
4,938
14,441
0
19,380
150
  CEO, president
  Freddie Mac
7. Douglas H. McCorkindale
3,850
198
10,667
14,715
148
  chairman, president, CEO
  Gannett Co.
8. Morgan E. O'Brien
1,402
2,088
7,852
11,342
238
  vice chairman
  Nextel Communications
9. Thos. E. Capps
2,530
696
7,378
10,604
174
  chairman, CEO
  Dominion Resources
10. John F. Remondi
900
18
9,302
10,220
251
  executive VP
  SLM Corp.
11. Nicholas D. Chabraja
3,600
380
5,669
9,648
166
  chairman, CEO
  General Dynamics
12. Emanuel J. Friedman
9,458
0
0
9,458
380
  co-chairman, co-CEO
  Friedman, Billings, Ramsey
13. Eric F. Billings
9,458
0
0
9,458
380
  co-chairman, co-CEO
  Friedman, Billings, Ramsey
14. David N. Siegel
600
99
8,297
8,996
N/A
  president, CEO
  US Airways Group
15. Richard F. Syron
4
99
8,810
8,913
150
  chairman, CEO
  Freddie Mac
16. Ernst Volgenau
733
152
7,893
8,778
145
  president, CEO
  SRA International
17. Gary L. Watson(1)
1,410
52
7,122
8,584
148
  president
  Gannett Co.
18. Thomas D. Eckert
840
0
7,664
8,504
322
  president, CEO
  Capital Automotive REIT
19. David R. Goode
2,672
653
4,601
7,926
89
  chairman, president, CEO
  Norfolk Southern
20. James R. Tonkel
5,325
0
2,419
7,744
380
  executive VP
  Friedman, Billings, Ramsey
21. J. Stewart Bryan III
1,302
2,669
3,331
7,303
140
  chairman, CEO
  Media General
22. Richard J. Hendrix
4,239
0
2,562
6,801
380
  chief investment officer
  Friedman, Billings, Ramsey
23. Tiffany L. Tomasso
364
0
6,362
6,726
75
  COO
  Sunrise Senior Living
24. Thomas N. Kelly Jr.
1,793
8
4,820
6,620
238
  executive VP, COO
  Nextel Communications
25. Robert S. Smith
2,717
0
3,366
6,083
380
  COO
  Friedman, Billings, Ramsey
 

Top-Paid:
1-25 | 26-50 | 51-75 | 76-100

(1)Officer of a division or subsidiary

(2)No longer with the company

Notes: Stock gains comprise long-term incentive payouts, restricted stock awards and the value realized of stock options.

The index is the value of a $100 investment in the company’s stock made five years before the end of its most recent fiscal year
(N/A = Not available).

Source: Individual proxies from each company as of July 2004

Return to Virginia Business - October 2004


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